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Oct 22, 2012
10/12
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BBCNEWS
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there are other factors on top of the local tensions that are coming into play that i do not think the lebanese people have much control over it. what about the influences of the external forces 7 what about the influences of the external forces? will the lebanese people be able to control themselves? will the government? are we looking at getting back at the 15—year civil war that only endedin the 15—year civil war that only ended in 1990? it depends on the will and capability of the different factions to get involved in the conflict. as it stands, the leaders, despite the popular anger on display, including armed clashes, the leadership over role of the anti— syrian camp is adamantly against renewed conflict but it lacks the broader capability, the logistical capability, to conduct such a conflict. for more these tensions and contradictions arise, the more they grow, the idea of a sectarian fault is not as far— fetched as some may think. what sort of strategic gains will the killers of wissam al—hassan be hoping to get? they are concerned with security —— securing a fir
there are other factors on top of the local tensions that are coming into play that i do not think the lebanese people have much control over it. what about the influences of the external forces 7 what about the influences of the external forces? will the lebanese people be able to control themselves? will the government? are we looking at getting back at the 15—year civil war that only endedin the 15—year civil war that only ended in 1990? it depends on the will and capability of the...
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Oct 5, 2012
10/12
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CNBC
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eye 270
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government -- federal, state and local was only up 10,000. look, i know obama is going to crow about it. any president would crow about he needed some good news after getting walloped and having his clock cleaned at the debate. but my other point, jack -- >> larry, wait a minute, let me make one point. i've been reviewing businesses all week, 14 of them, okay, and not one of them is showing stronger growth in the third quarter than they did in the second. some are equal to the second, some are a little worse than the second. the economy was revised down in the second. it's implausible that you could be running at a 5% gdp growth rate, which is what these numbers are implying. >> the nonfarm payroll number was lousy. you're right about that. the nonfarm payroll and private sector numbers, 114,000 and 104,000 were lousy so i agree with that point. i want to challenge you on one other point, okay? the isms for manufacturing and services both outperformed. now they're walking back to the mid 50s. that shows better growth. maybe even 3% growth. ca
government -- federal, state and local was only up 10,000. look, i know obama is going to crow about it. any president would crow about he needed some good news after getting walloped and having his clock cleaned at the debate. but my other point, jack -- >> larry, wait a minute, let me make one point. i've been reviewing businesses all week, 14 of them, okay, and not one of them is showing stronger growth in the third quarter than they did in the second. some are equal to the second,...
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Oct 29, 2012
10/12
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CNBC
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eye 318
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this is primarily a state and local event. speaking of virginia, if you want to look at a place that could be affected just by the physicalness of this hurricane or super storm, northern virginia which is going to be hit hard, already been hit hard, that is an obama stronghold for early voting, number one, which is going to be taken out of play, and number two, it's possible if there's a power shortage up there that that could affect the voting, paper ballots, no w.h.o. knows. >> over on msnbc, our liberal sister network, says this storm proves how important it is to have the federal government. could that be used as a way to help the federal government? >> that's old hat liberal thinking. it just doesn't fly, and in fact one of the themes of this whole race is that the federal government no in emergencies, lord knows this is an emergency and this is a public safety issue, it's not really a political issue, but i think that too much spending associated with president obama is not a good thing for him, and romney's had a pretty
this is primarily a state and local event. speaking of virginia, if you want to look at a place that could be affected just by the physicalness of this hurricane or super storm, northern virginia which is going to be hit hard, already been hit hard, that is an obama stronghold for early voting, number one, which is going to be taken out of play, and number two, it's possible if there's a power shortage up there that that could affect the voting, paper ballots, no w.h.o. knows. >> over on...
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Oct 17, 2012
10/12
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CNBC
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eye 231
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i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my global account commission-free tdd#: 1-800-345-2550 through march 2013. tdd#: 1-800-345-2550 best part... no jet lag. tdd#: 1-800-345-2550 call 1-877-561-5445 tdd#: 1-800-345-2550 and a global specialist tdd#: 1-800-345-2550 will help you get started today. >>> welcome back. as we mentioned a couple of night in the after hours u section. seema has the details. >> amex after the bell meeting estimates. u.s. car loans increasing 6% from a year earlier. card me
i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#:...
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264
Oct 3, 2012
10/12
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CNBC
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eye 264
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do you know how valuable that was to my local economy? if chase manhattan hadn't given me a credit line, i could not have continued my business. now i'm in partnership with over 18 small businesses, and what are they doing? what's the major issue once they have a little success under their belt, is cash flow problems. so large banks coming into play like a chase manhattan and helping these people succeed is not just an extra, they don't succeed without it. so the small business lending has become the major card in helping small businesses grow. >> best of luck at the world business forum today. and that's it for today's show. i'm karen cho. thanks so much for watching "worldwide exchange." >>> good morning. today's top stories. your money, your vote. president obama and mitt romney set to square off tonight in the first presidential debate. new polls today show the race is closer than some have suggested. in global market news, weak economic data was out overnight from china. the country's normally robust services sector fell sharply last
do you know how valuable that was to my local economy? if chase manhattan hadn't given me a credit line, i could not have continued my business. now i'm in partnership with over 18 small businesses, and what are they doing? what's the major issue once they have a little success under their belt, is cash flow problems. so large banks coming into play like a chase manhattan and helping these people succeed is not just an extra, they don't succeed without it. so the small business lending has...
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Oct 31, 2012
10/12
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CNBC
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eye 279
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it's going to change local tide tables and navigational charts. we're just getting our arms around it. we were among the first few on a beach today looking at houses that are gone. neighbors that are gone. gas lines are open. it's a terribly scary atmosphere. they don't have their arms around it yet. but that's what we've been talking about during our coverage of this storm. >> brian, i grew up as a kid in deal, new jersey, right on the water towards the west end. it was right off ocean avenue. is this storm just taking that all out, going all the way up north and west? is that what's happened too? >> you know, i know it very well. long branch got hit very hard. the boardwalk there. spring lake got hit very hard. i haven't heard about deale. president garfield died if a house this close to the beach overlooking the water. but all of these communities are in the same spot. it mattered your prok sim t eed the hotel. saw i house today on market valued at $15 million torn to shreds and now it will be sold for a plot of property on the beach. >> did we
it's going to change local tide tables and navigational charts. we're just getting our arms around it. we were among the first few on a beach today looking at houses that are gone. neighbors that are gone. gas lines are open. it's a terribly scary atmosphere. they don't have their arms around it yet. but that's what we've been talking about during our coverage of this storm. >> brian, i grew up as a kid in deal, new jersey, right on the water towards the west end. it was right off ocean...
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Oct 31, 2012
10/12
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CNBC
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eye 206
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there's a lot of incentive, both at the state and local level to rebuild some of this infrastructure. so i don't think you're dealing with the japan situation. this is a highly urban, highly wealthy area that's been impacted and i think they will add to economic growth, especially in the first quarter. >> what do you think of the net losers? businesses here who have lost income that just won't get it back. >> yeah, i think when you're thinking about the poll process, it's not so much retail, but you're thinking about who has capacity that's not going to be used right now, and there's no way going to be captured in the future. you're thinking about legend -- lodging, thinking about airlines, you can't fill a plane twice. you can't refill a hotel twice to make up for the lost occupancy. so any kind of a business like that is going to be impacted here. >> you phrased it interestingly, which is that this could actually be a hit to wealth and a boost to gdp. in terms of the wealth hit, walk us through that piece of this and the significance of it. >> when you see the visual of the houses i
there's a lot of incentive, both at the state and local level to rebuild some of this infrastructure. so i don't think you're dealing with the japan situation. this is a highly urban, highly wealthy area that's been impacted and i think they will add to economic growth, especially in the first quarter. >> what do you think of the net losers? businesses here who have lost income that just won't get it back. >> yeah, i think when you're thinking about the poll process, it's not so...
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Oct 31, 2012
10/12
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CNBC
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i've been calling local board of election officials in the sandy zone today. we've been able to get through to a couple of them. start with cape may, new jersey, that's the southern coastal portion of new jersey where i spoke with michael kennedy, the cape may county registrar. he toll me they are still evaluating conditions there. they're going to see how many polling places they're going to need to move. they had a couple in yacht clubs near the water but he said they're going to double those up with other polling places. further inland people will be able to vote there. he said the word he's getting is that the state of new jersey is going to lean to having an election on tuesday. that's the word from state officials there and they expect that most polling places will be open in cape may county, new jersey. however, he said the worst damage was in ocean county, new jersey. he doesn't have any word from election officials there. also in suffolk county, new york, i spoke with wayne rodgers, the republican board of elections commissioner up there. he told me t
i've been calling local board of election officials in the sandy zone today. we've been able to get through to a couple of them. start with cape may, new jersey, that's the southern coastal portion of new jersey where i spoke with michael kennedy, the cape may county registrar. he toll me they are still evaluating conditions there. they're going to see how many polling places they're going to need to move. they had a couple in yacht clubs near the water but he said they're going to double those...
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Oct 30, 2012
10/12
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CNBC
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they're in close contact with federal, state, and local officials. they'll make sure we get the resources to those families as swiftly as possible. again, i want to thank everybody here who's doing such a great job when it comes to the disaster response. the final message i just say is, you know, during the darkness of the storm, i think we also saw what's brightest in america. i mean, i think all of us obviously have been shocked by the force of mother nature as we watch it on television. at the same time, we've also seen nurses at nyu hospital carrying fragile newborns to safety. we've seen incredibly brave firefighters in queens waist deep in water battling infernos and rescuing people in boats. one of my favorite stories is in north carolina. the coast guard going out to save a sinking ship. they sent a rescue swimmer out. the rescue swimmer said, hi, i'm dan. i understand you guys need a ride. you know, that kind of spirit of resilience and strength, but most importantly looking out for one another, that's why we always bounce back from these ki
they're in close contact with federal, state, and local officials. they'll make sure we get the resources to those families as swiftly as possible. again, i want to thank everybody here who's doing such a great job when it comes to the disaster response. the final message i just say is, you know, during the darkness of the storm, i think we also saw what's brightest in america. i mean, i think all of us obviously have been shocked by the force of mother nature as we watch it on television. at...
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Oct 29, 2012
10/12
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CNBC
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eye 183
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that's local efforts, a little bit as mayor coleman spoke about. local efforts. we're working hard, we're getting things done. both at the county level, we're using public-private partnerships. we do believe job growth comes from the private sector but we don't want government standing in the way. that's where we have some concerns today at the federal level. some mandates an certainly some restrictions. and taxes that are causing some issues. we look forward to a positive economy growth in our areas. >> are you at all hopeful that we will be able to avoid the fiscal cliff or do you think, as others do, that they're going to take it right up to the 11th hour? >> well, i think surely it probably will go to the 11th hour. we've seen that in the past. >> yes, we have. >> history repeats itself. that's something -- we need a strong leader out there. i think mitt romney shows that. people are recognizing that. a strong leader to avoid some of that. i'm working on next year's budget now. we'll have it done early. we're not going to the 11th hour. that's where people ge
that's local efforts, a little bit as mayor coleman spoke about. local efforts. we're working hard, we're getting things done. both at the county level, we're using public-private partnerships. we do believe job growth comes from the private sector but we don't want government standing in the way. that's where we have some concerns today at the federal level. some mandates an certainly some restrictions. and taxes that are causing some issues. we look forward to a positive economy growth in our...
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Oct 29, 2012
10/12
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CNBC
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eye 245
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i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my global account commission-free tdd#: 1-800-345-2550 through march 2013. tdd#: 1-800-345-2550 best part... no jet lag. tdd#: 1-800-345-2550 call 1-800-711-5510 tdd#: 1-800-345-2550 and a global specialist tdd#: 1-800-345-2550 will help you get started today. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet a
i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#:...
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Oct 29, 2012
10/12
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CNBC
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eye 98
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-- at certain localities. and certainly could really turn around prices that have been really getting a lot softer for consumers lately. >> just when you thought because crude prices have been coming down that consumers were going to catch a break, maybe not. addison, thanks. >> my pleasure. >> addison armstrong. >>> mike murphy, have a trade here? >> i do, scott. i think one of the ways to play this, as you see refineries potentially going off again and this storm hitting the northeast in an area where a lot of major refineries could be hut, i think you go back to nat gas here. i don't know if it's an initial move after this storm. but we're sitting on an abundance of natural gas in this country. the nat gas stocks or nat gas in and of itself, i think that's a way near term and really long term out, i think that's the future here. i'd be getting involved with nat gas names. >>> still to come, the president's statement on hurricane sandy in just a few moments. there's a picture of the briefing room in white ho
-- at certain localities. and certainly could really turn around prices that have been really getting a lot softer for consumers lately. >> just when you thought because crude prices have been coming down that consumers were going to catch a break, maybe not. addison, thanks. >> my pleasure. >> addison armstrong. >>> mike murphy, have a trade here? >> i do, scott. i think one of the ways to play this, as you see refineries potentially going off again and this...
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Oct 29, 2012
10/12
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CNBC
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eye 268
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state and locals pay a portion of it. but it's a small portion. i don't believe that's going to have a significant impact long term. the expenses diffused. it's not good for state and local governments because we're already under a lot of pressure but i think that's going to be manageable. and i don't think it's going to have a major impact. i just -- your question earlier on when do the markets get up and running and is there a delay, i think if there's an economic impact, that would be it. that's why the white house is concerned. i'm going to be reaching out to secretary geithner to make sure we're coordinated to everything we can to get wall street everything it needs to be operational as soon as possible. >> and your power just went out. we're expecting widespread power outages once sandy does hit landfall. is that an accurate statement? i mean, will things get worse from here? >> things will get worse. i'm in a military facility and we just had interpretation of the power. as you heard. i apologize for the disruption. it will get worse before
state and locals pay a portion of it. but it's a small portion. i don't believe that's going to have a significant impact long term. the expenses diffused. it's not good for state and local governments because we're already under a lot of pressure but i think that's going to be manageable. and i don't think it's going to have a major impact. i just -- your question earlier on when do the markets get up and running and is there a delay, i think if there's an economic impact, that would be it....
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Oct 31, 2012
10/12
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eye 203
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and that 1.6% drag is pretty comparable to the fiscal drag we've seen from state, local, federal in 2011, 2012. >> all right. tom, thank you. we appreciate it. >> thank you. >> it's good to see you. andrew is going to talk about asking for comments. i have a comment from a viewer. >> what was the comment? >> you are right, the broken window theory of stimulation is silly, keynesian economists can't help mistaking capital flows for capital stock. why not destroy all capital so we can rebuild it and call it economic stimulus. net net, it's a redistribution of capital from savers to labor. makes no sense. if you do think about it long enough, does it really make any sense to destroy a city to rebuild it because of the economic? it doesn't. so you don't want to keep doing this. >> hurricane sandy took care of that. >> you really don't. >> and we have to do. we want to do it and any of the positives that come out of it in terms of construction and labor, we'll take it, but because we have to do it, but it's certainly not something -- when i mentioned andrew, i think of you. but now we've got
and that 1.6% drag is pretty comparable to the fiscal drag we've seen from state, local, federal in 2011, 2012. >> all right. tom, thank you. we appreciate it. >> thank you. >> it's good to see you. andrew is going to talk about asking for comments. i have a comment from a viewer. >> what was the comment? >> you are right, the broken window theory of stimulation is silly, keynesian economists can't help mistaking capital flows for capital stock. why not destroy all...
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81
Oct 31, 2012
10/12
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CNBC
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eye 81
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i may be in the local starbucks. >> getting your latte while executing a trade. what other names are you looking at as the possibility of rebuilding and recovery. grasso, where do you look to in you think about the construction companies, the supply of wood. >> united rental. there's a potpourri of names. i love using that. >> potpourri in. >> yeah. >> i love it. it's disgusting as smorgasbord. >> mike and i are are on the opposite side occasionally. there's a massive transformation into renting versus buying. i would say maybe mid to early -- early to mid '90s. it's been taking place. we see more and more of it. a lot of the infrastructure you or eye so much easier with an economy that's not back yet. >> specifically for hurricane sandy, though, you don't need to buy this equipment, you only need it to help you -- >> it's going to be a couple of week event hopefully. hopefully people get back to normal as soon as possible. but it's a you or i event. not a massive event for the other names. >> right. agree on that. hertz has a division, about 20% of their ref mu
i may be in the local starbucks. >> getting your latte while executing a trade. what other names are you looking at as the possibility of rebuilding and recovery. grasso, where do you look to in you think about the construction companies, the supply of wood. >> united rental. there's a potpourri of names. i love using that. >> potpourri in. >> yeah. >> i love it. it's disgusting as smorgasbord. >> mike and i are are on the opposite side occasionally. there's...
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Oct 2, 2012
10/12
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CNBC
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eye 225
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we are going to support the local people and help them start these businesses. we'll have electric cars. it's going to be a little, if you will, laboratory for sustainability and businesses of small scale. >> amazing, amazing. all of this has people wondering are you spreading yourself too thin. recently you pledged $4.2 billion of your stock to take out a loan. why did you do that? >> actually, i don't owe $4.2 billion. it turns out that i have a line of credit where let's say if i want to buy something like the los angeles lakers i could buy the lakers. they are not for sale. >> you would like to buy them? >> sure. i would love to buy the lakers. very expensive way to get floor seats. the lakers are my favorite team though i also follow the warriors and the chicago bulls. >> so you take this line of credit. >> i have a line of credit in case i go shopping and something catches my eye. it's just a line of credit. >> so what happens now? you have built this unbelievable company, 100 billion plus. you have an enormous amount of personal wealth. when you look back
we are going to support the local people and help them start these businesses. we'll have electric cars. it's going to be a little, if you will, laboratory for sustainability and businesses of small scale. >> amazing, amazing. all of this has people wondering are you spreading yourself too thin. recently you pledged $4.2 billion of your stock to take out a loan. why did you do that? >> actually, i don't owe $4.2 billion. it turns out that i have a line of credit where let's say if i...
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50
Oct 30, 2012
10/12
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CNBC
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eye 50
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listen to your state and local officials. follow instructions. the more you follow instructions, the easier it is for our first responders to make sure that they're dealing with true emergency situations. so the better prepared individual families are for the situation, the easier it is going to be for us to deal with it. next, obviously, i want to talk about the extraordinary hardship that we've seen over the last 48 hours. our thoughts and prayers go out to all the families who have lost loved ones. unfortunately, there have been fatalities as a consequence of hurricane sandy. it's not clear that we've counted up all the fatalities at this point. obviously, this is something that is heartbreaking for the entire nation. we certainly feel profoundly for all the families whose lives have been upended and are going to be going through some very tough times over the next several days and perhaps several week and months. the most important message i have for them is that america's with you. we are standing behind you. we are going to do everything we
listen to your state and local officials. follow instructions. the more you follow instructions, the easier it is for our first responders to make sure that they're dealing with true emergency situations. so the better prepared individual families are for the situation, the easier it is going to be for us to deal with it. next, obviously, i want to talk about the extraordinary hardship that we've seen over the last 48 hours. our thoughts and prayers go out to all the families who have lost...
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Oct 23, 2012
10/12
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CNBC
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eye 146
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we're doing that at the local level. what washington is doing these days, we're still operating very strong at a local level working together. it's not republicans and democrats when you get down to beat the streets. i've got a council that is five republicans, five democrats in most every vote so far administration ideas have gone 9-1 and 10-0. it's working together, communicating and getting things done. they're not going to agree with every move you make, but they want things done and to move in a positive direction, to reap confidence and go back to the greatest nation in the world. >> so given that we're looking at a better economic landscape in ohio, that low unemployment rate, mayor coleman that you just mentioned, what else do you want to hear from these candidates to resonate about people that they trust in the candidate, about the judgment of the candidate. what would really resonate? >> well, in the case of president obama, he has a proven track record that is, in fact, working and it's working now. in the sta
we're doing that at the local level. what washington is doing these days, we're still operating very strong at a local level working together. it's not republicans and democrats when you get down to beat the streets. i've got a council that is five republicans, five democrats in most every vote so far administration ideas have gone 9-1 and 10-0. it's working together, communicating and getting things done. they're not going to agree with every move you make, but they want things done and to...
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213
Oct 31, 2012
10/12
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>> they should call their local agency, we have local agencies where people will be sleeping at their houses, they come to the office, they should go by the local agency's office, look for our mobile units which drive up and down the street or in local church and school parking lots, find us and we will help you. we advertise for people, so we're only a phone call away and then we have, as i said, about 1,600 people there, plus all of our agencies who are there on the ground, helping people and this is really where allstaters shine. we're out there. we know this is what we're in business for and what our customers pay for. >> the guidance you're giving today, what would that be, real quick, given the fact this is a total unknown that just happened in the next quarter. >> the guidance i would say is that the good news is we're very strong, solvent company. we have $20 billion worth of capital and this will not be meaningful in terms of our stability. the other action is we know how to do this. we're good at this, good at taking care of our customers and these are the moments where we s
>> they should call their local agency, we have local agencies where people will be sleeping at their houses, they come to the office, they should go by the local agency's office, look for our mobile units which drive up and down the street or in local church and school parking lots, find us and we will help you. we advertise for people, so we're only a phone call away and then we have, as i said, about 1,600 people there, plus all of our agencies who are there on the ground, helping...
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121
Oct 17, 2012
10/12
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CNBC
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eye 121
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from local communities to local businesses. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! sleep train's best don't miss your chanceoon. to get sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for 3 years on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. and rest even better with sleep train's risk-free 100-day money back guarantee. but the best rest event ends soon at sleep train. superior s
from local communities to local businesses. the potential of yelp unlocked. nyse euronext. unlocking the world's potential. to a currency market for everyone. the potential of fxcm unlocked. nyse euronext. unlocking the world's potential. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male...
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Oct 24, 2012
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since when you last looked at the stock, given the last time they reported they were making zero for local advertising, now it's 150 million. >> the only good news in this report is they've shown that they're able to make money on their mobile apps and i think that's good news but i think we shouldn't overreact to that. it's 14% of revenues. given how much revenues that we'll need to make to sustain market value they need to show me a lot more so just as my advice in the last earnings report was i wasn't going to react to an individual earnings report, i would give the same advice in the opposite direction. this is good news but it's not extraordinarily good news. >> joe? >> professor, let me ask you now as facebook moves higher to the mid-20s do you buy into the thesis there will be a tremendous amount of inventory for sale from those that bought facebook from the may sell-off in may, 42 all the way down? >> there very well might be. i think there is that danger that if it hits 24, 25, you're going to get a wave of selling, but i think, i think that the market can overcome that. i think t
since when you last looked at the stock, given the last time they reported they were making zero for local advertising, now it's 150 million. >> the only good news in this report is they've shown that they're able to make money on their mobile apps and i think that's good news but i think we shouldn't overreact to that. it's 14% of revenues. given how much revenues that we'll need to make to sustain market value they need to show me a lot more so just as my advice in the last earnings...
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Oct 30, 2012
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here in washington, locally, the worst passed us by, a flooded potomac river it is still in its banks. that means the worst is over here. back to you guys. >> thank you vet. super storm sandy slamming the east coast. we will talk about the impact on the gross domestic product and the retailer. >>> this video just came in of atlantic city new jersey. sections of the famous boardwalk washed away, turned into stick and stones. >>> whether the. even the initial estimates for damage hurricane sandy are staggering they bound to go higher. what will sandy's long-term impact be? joining us once again is paul walsh, vice president of weather analytics for the weather channel. what -- you have what he a chance to crunch some of these numbers. yesterday, we talked about retail. >> yep. >> today, you are taking a broader look what are you coming up with in terms of the impact? >> so i have been talking to some economists out there and sort of getting their senses, early days, of course, but chatted with mark zandi yesterday. they are estimating that binds the location where the storm hit, probabl
here in washington, locally, the worst passed us by, a flooded potomac river it is still in its banks. that means the worst is over here. back to you guys. >> thank you vet. super storm sandy slamming the east coast. we will talk about the impact on the gross domestic product and the retailer. >>> this video just came in of atlantic city new jersey. sections of the famous boardwalk washed away, turned into stick and stones. >>> whether the. even the initial estimates for...
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Oct 30, 2012
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through about mid-morning to noon depending on the local area. also lake erie had been continuing to get water over the interstate because of that. so the high wind warnings plus the snow we've had now, 18 inches in davis, west virginia and more to keep on falling. >>> let's talk about the new york stock exchange trading floor did survive the night. there was no flooding or damage. but a lot more going on and we want to talk to bertha coombs who joins us with more on what's ahead for the markets. >> yeah, last night the nyse take to go twitter to dismedical rumors that the floor was under water. you can see it is dry here. plenty of sand bags. later on this morning, the nyse, the nasdaq and exchanges will all try their contingency systems. the ncht yse will do that test between 8:00 a.m. and noon. they will do it open at 9:30 and then a closing at 12:00. they do expect and hope to be open tomorrow. but what you have to look at is the rest of the infrastructure here in lower manhattan. last night, we had a substation blow on east 14th street in th
through about mid-morning to noon depending on the local area. also lake erie had been continuing to get water over the interstate because of that. so the high wind warnings plus the snow we've had now, 18 inches in davis, west virginia and more to keep on falling. >>> let's talk about the new york stock exchange trading floor did survive the night. there was no flooding or damage. but a lot more going on and we want to talk to bertha coombs who joins us with more on what's ahead for...
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Oct 30, 2012
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getting the vote out is critical at the local level. and of course the election now comes down to six key states and within those, and they're up on your board now, and within those states, a small number of counties within those states. and there the democrats seem to have done a better job in creating local office, getting volunteers to get in their car, bring people to the poll, make sure they voted either early or on tuesday november 6. so there seems to be a slight lead. ohio of course is a big question mark, but the latest polls say that obama seems to have that. if that's true, governor romney will have his hands full to put together 270 electoral votes. >> a month ago european media was dismissive of romney. but today they're saying the obama campaign is hitting major headwinds and that the momentum is all with romney. and yet the polls are not mov g movings as much as the media in europe would suggest. why do you think the europeans are misreading this election? >> there was a worldwide survey of 21 countries who sas to who the
getting the vote out is critical at the local level. and of course the election now comes down to six key states and within those, and they're up on your board now, and within those states, a small number of counties within those states. and there the democrats seem to have done a better job in creating local office, getting volunteers to get in their car, bring people to the poll, make sure they voted either early or on tuesday november 6. so there seems to be a slight lead. ohio of course is...
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Oct 10, 2012
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it's really kind of a local issue. you have to mobilize the local native, don't you? >> the thing is president obama has ways of getting around that. for example, by rights, president obama should have nothing to do with local school curricula. and yet 46 states have signed on to what in effect is -- >> i think you're dead right on education. it was the other stuff that i had problems with. >> he's got something here called the sustainable communities initiative. it's federally funded. and when the plans under this initiative are issued in 2013, he has the option to do the same thing he did with education. he could say, hey, if you don't follow the plans we've funded through these local groups funded through the federal government, you might not get all your federal aid. >> but can't governor kasich and these county executives, can't they just stop all that with votes? it's a democracy, they can say no to this? >> sure. but say obama gets reelected and kasich loses reelection to a democrat in 2014, this thing came real close to passage in 2009-2010. if obama's in plac
it's really kind of a local issue. you have to mobilize the local native, don't you? >> the thing is president obama has ways of getting around that. for example, by rights, president obama should have nothing to do with local school curricula. and yet 46 states have signed on to what in effect is -- >> i think you're dead right on education. it was the other stuff that i had problems with. >> he's got something here called the sustainable communities initiative. it's...
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Oct 30, 2012
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earlier today the president said the government will do everything it can do get resources to local governments. and new images are emerging from the destruction. check out this shot of a parking lot full of cabs in hoboken, new jersey, it is literally under water. and this photo taken from union beach, new jersey. pretty harrowing stuff. and finally, some good news for air travel. new york's jfk airport is set to open tomorrow in both washington and philadelphia airports are back operating today after more than 18,000 flights were canceled as a result of superstorm sandy. melissa? >> courtney, thanks for that rundown. our very own scott cone has been braving the storm from manhattan's battery park. he joins us with the latest on how lower manhattan including the financial district has faired in sandy's wake. scott? >> reporter: melissa, if you consider the fact that the stock exchanges are going to re-open as well as the kmcommodity exchange, the new york merc in the financial district i suppose it faired pretty well considering they'll get back up and running after two days down after such a
earlier today the president said the government will do everything it can do get resources to local governments. and new images are emerging from the destruction. check out this shot of a parking lot full of cabs in hoboken, new jersey, it is literally under water. and this photo taken from union beach, new jersey. pretty harrowing stuff. and finally, some good news for air travel. new york's jfk airport is set to open tomorrow in both washington and philadelphia airports are back operating...
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Oct 29, 2012
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it would be store by store and specific to that local store. customers would have to check with the store manager. >> we should show at some point today a chart of thgenerac. when they are hooked up to natural gas, they are there and ready to go. and you don't need to go to a gas station and load up a bunch of tanks and pour it into the generator and start it up like a lawn mower or something. the market is not trading. what is more profitable, margin on batteries or plywood? >> depends on which vendor you are talking about. we really don't talk about specific profit on items. >> depends on which one is easier to gauge at any given time. >> good thing here is state of emergencies are declared we lock down pricing. we lock down pricing well in advance of states of decree and the majority of states we serve locked down in the northeast at this point. price gauging may be somebody else's problem but not home depots. >> is there a state where you have seen people get more quickly into the stores or is this pretty much across the board everywhere. >
it would be store by store and specific to that local store. customers would have to check with the store manager. >> we should show at some point today a chart of thgenerac. when they are hooked up to natural gas, they are there and ready to go. and you don't need to go to a gas station and load up a bunch of tanks and pour it into the generator and start it up like a lawn mower or something. the market is not trading. what is more profitable, margin on batteries or plywood? >>...
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Oct 3, 2012
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why this local denver station? why didn't you all come out and first of all tell me first and, second of all, why didn't you tell the rest of the world you were finally putting meat on the bones of the tax reform plan? i don't get it. >> look, let me set you state on this. first of all, governor romney has a very bold tax plan that's designed to achieve more economic growth and lower the burden on middle-class taxpayers. as part of lowering those rates across the board, he believes we have to broaden the base. he talked about this as an illustrative example of some of the discussions that we're going to have. you obviously cannot write a bill on a debate stage. you can't write a bill? n a campaign, but as part of the conversations that we have of achieving the types of reforms we need to have greater economic growth, more job creation that, broaden the base is part of that discussion. there a number of rang of options out there. that happened to be one that the governor talked about. >> he sure launched it. next ti
why this local denver station? why didn't you all come out and first of all tell me first and, second of all, why didn't you tell the rest of the world you were finally putting meat on the bones of the tax reform plan? i don't get it. >> look, let me set you state on this. first of all, governor romney has a very bold tax plan that's designed to achieve more economic growth and lower the burden on middle-class taxpayers. as part of lowering those rates across the board, he believes we...
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Oct 11, 2012
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he's in his local church. helping your children have a better future matters. he's got a great family. making sure your mom is protected from medicare and that everything is going to work out matters. his mother retires and is still alive. i think it's very important for paul to show us the human context of his policy options and to let people get to know him as a person more than as a walking calculator. >> all right. hopefully he won't get too much in the weeds, i get that. but, you know, newt, folks, lakes take janesville for a minute, middle america, whatever. they are signature around the kitchen table and they understand the difference between rising and falling take home pay, like they get that, and this was a point ronald reagan made many years ago. you get lower tax rates. your take home pay for education, for your work, for your home, for your mortgage, that really matters. i hope, and i'm going to ask you, will ryan follow in romney's footsteps, because i thought for the very first time romney really made that case last week, and it's helped him shoo
he's in his local church. helping your children have a better future matters. he's got a great family. making sure your mom is protected from medicare and that everything is going to work out matters. his mother retires and is still alive. i think it's very important for paul to show us the human context of his policy options and to let people get to know him as a person more than as a walking calculator. >> all right. hopefully he won't get too much in the weeds, i get that. but, you...
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Oct 10, 2012
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we are a local restaurant and hopefully they'll want to eat locally and maybe even walk to work which they -- walk to our restaurants which would be healthier. but i think in turn, it is going to happen where vendors are going to start raising prices of fuel surcharges to our restaurant. >> madelyn, are tips down? >> tips? >> yes. >> no. our servers do really well. they do really well. >> i wonder if servers are being hit. obviously with the higher gas prices, are they getting hit on both sides? >> i don't think -- i think our servers make between 15% to 18%. they're doing really well on that. but i think what's happening is, people are going to really think about driving to a restaurant or picking up or having their food delivered. once again, if our employees are having issues, that's going to trickle down to other restaurants. casual restaurants seem to be hit the hardest with the economy. >> but is there a feeling that this is just a temporary thing, that this spike is just a temporary thing and things will settle back down? or are you and other restaura restauranteurs digging in
we are a local restaurant and hopefully they'll want to eat locally and maybe even walk to work which they -- walk to our restaurants which would be healthier. but i think in turn, it is going to happen where vendors are going to start raising prices of fuel surcharges to our restaurant. >> madelyn, are tips down? >> tips? >> yes. >> no. our servers do really well. they do really well. >> i wonder if servers are being hit. obviously with the higher gas prices, are...
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Oct 29, 2012
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because katrina kind of localized. it was a gross domestic product event in that there was so much rebuilding that had to be done that there were just months and months and months of lumber going up, shingle going up, roof tile going up, appliance going up. from what you hear with 60 million people, this could be a gdp event. i know the futures are down. look, there's terrible tragedy coming if everybody's right. but there will be insurance that pays off billions. and that will go back into the u.s. economy. i'm not looking for silver lining when there is the lethality of the storm. be aware, they weren't looking for it either in andrew. then it was just months and months of better gdp. >> that's an excellent point. joining us this morning, former new york governor george pataki joining us on the cnbc newsline. good to have you. good morning. >> nice being on with you. >> i assume you heard part of the mayor's presser. normally when you're about eight, nine hours ahead of landfall, you get a little more clarity here. n
because katrina kind of localized. it was a gross domestic product event in that there was so much rebuilding that had to be done that there were just months and months and months of lumber going up, shingle going up, roof tile going up, appliance going up. from what you hear with 60 million people, this could be a gdp event. i know the futures are down. look, there's terrible tragedy coming if everybody's right. but there will be insurance that pays off billions. and that will go back into the...
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Oct 29, 2012
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all these decisions are made at the local level but i would hope that they would look at the conditions we are dealing with and make the smart move and not have school bus owes the road tomorrow. we don't know what the conditions the roads will be in. we will anticipate during the evening, a lot more downed trees and downed wires. just be a very dangerous situation to move folks around tomorrow. we believe. so let's leave these roads open for emergency personnel to get around. department of health requested out of state assistance for 75 ambulances to help. 22 ambulances arrived from indiana today. i want to thank governor daniels for his assistance in this regard for sending 22 ambulances from indiana. they arrived today, traveled from indiana to new jersey and i want to thank governor daniels for his help in this regard. let's talk about road closures. garden state parkway closed in both directions from the driscoll bridge to the end of the parkway in cape may. and the turnpike currently is closed from exit 7-a to exit 8. 42 other road closures in 13 counties. where a road is closed t
all these decisions are made at the local level but i would hope that they would look at the conditions we are dealing with and make the smart move and not have school bus owes the road tomorrow. we don't know what the conditions the roads will be in. we will anticipate during the evening, a lot more downed trees and downed wires. just be a very dangerous situation to move folks around tomorrow. we believe. so let's leave these roads open for emergency personnel to get around. department of...
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Oct 8, 2012
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some of these local battleground states picked up 8, 9 points. is does that change your stock market outlook from bear to bull? >> you get rid of obama care and 3.8% tax on investment income and get the tax on medical device makers, larry. >> i will bet you $20 right now. i'll make a romney $10,000 bet that obama care is not repealed. >> i'll bet you it will be repealed, but i'll buy a gift for your new daughter. >> thank you. >> if romney wins, which was not expected a week ago but is now more expected, if he wins what is the stock market impact? is it greater than earnings and the federal reserve? how do you assess a romney victory? >> what becomes important is the effect on capital gains and dividend taxes. we as investors view asset investments on an after-tax basis. they make those particular investments more attractive, and we saw this with respect to to t cool stocks. >> the average small business has 2.5 employees, the average is over 5. small businesses get a boom in that. >> i don't disagree with what you're saying but i focus on the ta
some of these local battleground states picked up 8, 9 points. is does that change your stock market outlook from bear to bull? >> you get rid of obama care and 3.8% tax on investment income and get the tax on medical device makers, larry. >> i will bet you $20 right now. i'll make a romney $10,000 bet that obama care is not repealed. >> i'll bet you it will be repealed, but i'll buy a gift for your new daughter. >> thank you. >> if romney wins, which was not...
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Oct 12, 2012
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about getting rid of tax deduction for charitable contributions or interest deductions or state and local taxes because they're afraid once they get into the specifics the american people won't buy into it. >> leadership is not about kicking the can down the road as paul ryan said once. it's about taking responsibility. you can't say after the election we will work in a bipartisan way everybody will agree with. >> one good thing is we're not talking big bird tonight. i want to bring in the founder of costco, one of the business leaders backing the president. great to have you on the program. i know you're not a political strategist. if we're all honest, this is about trying to play to a household in ohio. i wonder if you think any needle moved on that front tonight. >> i don't know. both of these gentlemen are credible debaters and have vastly different views how things should be handled. i think they have expressed those views. in my particular case, i think the plan that president obama has is vastly superior to any of the plans presented by the romney-ryan ticket. >> to your question,
about getting rid of tax deduction for charitable contributions or interest deductions or state and local taxes because they're afraid once they get into the specifics the american people won't buy into it. >> leadership is not about kicking the can down the road as paul ryan said once. it's about taking responsibility. you can't say after the election we will work in a bipartisan way everybody will agree with. >> one good thing is we're not talking big bird tonight. i want to bring...
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Oct 11, 2012
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up next, ceo of 99 cent only stores could soon be shaking up retail's most luxurious locales. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >>> welcome back to fast. we are live at the nasdaq market site in new york's time square. big day for high-end retailers. burberry surged. so is now a good time to buy back into these retail names? the context is that burberry issued terrible guidance and so they came in better than that terrible guidance, which makes the results not as bad. >> not as bad. >> but still bad. >> right, i guess it's a good job of managing expectations. >> right. >> i don't know what to make of it. you know, tiffany, since the bottom has had an enormous run back, bu
up next, ceo of 99 cent only stores could soon be shaking up retail's most luxurious locales. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many...
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Oct 30, 2012
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>> you never want to make it too local of a story. it is affecting so many millions of people but that picture of the entrance to the brooklyn battery tunnel is astounding the amount of water. 14-foot surge. >> rename it, the brooklyn barrier tunnel. it's a terrific road, by the way. >> scott, so much good work overnight. i look forward to working with you in a little while. scott cohn. we'll take you along sandy's path throughout the morning. the hartford will join us to explain the impact. a lot to talk about there. one more look at futures about 30 seconds left to trade. but modest rebound here. positive action on the dow and we'll see if we do, in fact, get some exchanges opening tomorrow. >>> grocery chain kroeger has a number of stores in virginia and wch wf where more than 100,000 people are reportedly without power on the cnbc news line is their chief financial 0 officer. michael, good morning to you. thanks for being with us. >> good morning. thanks for having me. >> we look at this through all sorts of different prisms. what
>> you never want to make it too local of a story. it is affecting so many millions of people but that picture of the entrance to the brooklyn battery tunnel is astounding the amount of water. 14-foot surge. >> rename it, the brooklyn barrier tunnel. it's a terrific road, by the way. >> scott, so much good work overnight. i look forward to working with you in a little while. scott cohn. we'll take you along sandy's path throughout the morning. the hartford will join us to...
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Oct 10, 2012
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i came away thinking nike's problems had to do with local retailers and price cutting. yum! has not seen the slowdown i thought they would. china's going nowhere and really bad, i didn't see it last night. the only one i did see that was disappointing was cummins truck being down, because frac something down, not being drilled as much as before. >> we had an analyst that talked about that for the consumer plays it's not going to be a bad deal, lululemon and nike was mentioned as two of the stocks he liked. >> he was terrific, a total breath of fresh air. i'm buying residential property in my area because i know area and i'm getting very cheap money and i'm able to rent at high prices, i'm not allowed to own stocks, way to make money, he's dead right as always. >> richard, you talked about what it's meant recently for some of your returns, too. it's been huge. >> yeah, well just the multifamily business has been extraordinarily good the last few years because money is cheap and because there's less of people who went to rent houses or apartments so it's a good way to go. >> f
i came away thinking nike's problems had to do with local retailers and price cutting. yum! has not seen the slowdown i thought they would. china's going nowhere and really bad, i didn't see it last night. the only one i did see that was disappointing was cummins truck being down, because frac something down, not being drilled as much as before. >> we had an analyst that talked about that for the consumer plays it's not going to be a bad deal, lululemon and nike was mentioned as two of...
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Oct 31, 2012
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we'll have much more on how you should be playing toda action, and low local banking was affect the. [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. with the blackish-blue frame and the white dots and the splattered paint pattern, your lights are on. what? [ male announcer ] the endlessly customizable 2013 smart. >>> a quick market flash, take a look at the self-storage read, not getting a lot of attention, but they are noted. cantor fitzgerald saying look at names like sovereign self-storage and cube smart, because as people have to move their belongings from damaged homes, they're going to store them for a couple months, so you may see an up tick in revenue this year, early on into next year as simply people need a place to put stuff before they can rebuilt, as we all begin to rebui rebuild. >>> when we come back, what effects did the storms have on local businesses especially local banks. ♪ chances are, you're not made of money,
we'll have much more on how you should be playing toda action, and low local banking was affect the. [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. with the blackish-blue frame and the white dots and the splattered paint pattern, your lights are on. what? [ male announcer ] the endlessly customizable 2013 smart. >>> a quick market...
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Oct 4, 2012
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request an absentee ballot on military base just like civilians are able to do when they go to their local dmv. >> once again, i've got some numbers here. 70%, the military balloting, 70% down in virginia. 70% down in ohio. 46% down in florida. that just happens to be key swing states, kyndra. again -- >> it's appalling. >> military tend to vote about 3/5 for republicans. again am i too cynical about this? it almost sounds like a conspiracy. >> you know, i don't know what the motivation is. but i know that it's the pentagon's job to do their job. and i know that president obama really ought to be stepping up for service members and taking care of soldiers and making sure that they get the right to vote. look, if you were going to ask them to come up with a plan to impede military voting, i don't think they could do a better job of it. not helping soldiers get absentee ballots, not doing what they're supposed to do under federal law is definitely impeding military voting. >> good luck, kyndra rotunda. this whole story is an outrage. i wish the best for you. >>> we're going to switch topics.
request an absentee ballot on military base just like civilians are able to do when they go to their local dmv. >> once again, i've got some numbers here. 70%, the military balloting, 70% down in virginia. 70% down in ohio. 46% down in florida. that just happens to be key swing states, kyndra. again -- >> it's appalling. >> military tend to vote about 3/5 for republicans. again am i too cynical about this? it almost sounds like a conspiracy. >> you know, i don't know...
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Oct 5, 2012
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whose local culture? in saudi arabia you have women advocated for public life. >> there is no law in saudi arabia that women can't be in advertising. it's just a matter of respect for their culture and women are covered up. but, you know, this whole concept that a company has values, you know, i kika is not the united nations.kea is a coms in selling product. if it's better if them to sell book shelves and baskets by cutting out a woman in her pajamas in saudi arabia, good for them. >> think also customers are making decisions based on what they see as the value. >> to that point, the argument is they wouldn't have sales in saudi arabia if it was -- they were following your line of thinking. >> i'm sorry, wouldn't have -- >> they wouldn't have as many sales. >> right. but it's bagger world than just saudi arabia. now they have a real problem in their home base which is ee egalitarian country. thing consumers can make a decision whether that matters to them and that's globally true. >> should they have glo
whose local culture? in saudi arabia you have women advocated for public life. >> there is no law in saudi arabia that women can't be in advertising. it's just a matter of respect for their culture and women are covered up. but, you know, this whole concept that a company has values, you know, i kika is not the united nations.kea is a coms in selling product. if it's better if them to sell book shelves and baskets by cutting out a woman in her pajamas in saudi arabia, good for them....
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Oct 5, 2012
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in this particular report, i'm happy to see continued growth in professions in business and also in local government, education, and more importantly in health care and those are areas that i know something about, i've been traveling around the country and we're seeing more investments in manufacturing and high-skilled labor areas and that's where you need to play the focus and we need congress to cooperate with us to make sure we can go. >> we can go through all of the talking points we do every month, madam secretary. congress needs to do more and i want to read you one tweet for jack welch who used to run general electric and a man who knows a bit about economic data is created and this is his tweet this morning, madam secretary. unbelievable jobs numbers. the chicago guys will do anything, can't debate, so change numbers. what do you say to him? >> i would say that i have the highest regard for our professionals that do the calculations in the bls. they are highly skilled economists trained in this area, and you have to look at two surveys that have been done. the payroll as well as h
in this particular report, i'm happy to see continued growth in professions in business and also in local government, education, and more importantly in health care and those are areas that i know something about, i've been traveling around the country and we're seeing more investments in manufacturing and high-skilled labor areas and that's where you need to play the focus and we need congress to cooperate with us to make sure we can go. >> we can go through all of the talking points we...
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Oct 24, 2012
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the local market, the shanghai market, where only locals, chinese nationals can buy into, had a terrible year. it's now off since the beginning of september is up almost 6%. that's when they started talking about stimulus and the bottom. i don't know. it is a close call right now. i agree. there are some people obviously betting that we're at a trough in china. >> absolutely, bob. thank you. >>> to the nadz now. seema mody is following the big movers over there. >> we got to watch the levels on apple. that's what's moving the nasdaq right now. the stock back in the green, up .3%. other big movers we're watching -- netflix. several sale side analysts cutting their price target on the stock citing weak subscriber growth, disappointing earnings. the stock hitting a three-month low. but there are bright spots. biotech and pharma. better than expected earnings or regen. >>> america's business leaders pushing for a resolution on the fiscal cliff. leading the charge today, general electric chairman and ceo jeff immelt. here's what he said earlier on "squawk box." >> we're a member of a group ca
the local market, the shanghai market, where only locals, chinese nationals can buy into, had a terrible year. it's now off since the beginning of september is up almost 6%. that's when they started talking about stimulus and the bottom. i don't know. it is a close call right now. i agree. there are some people obviously betting that we're at a trough in china. >> absolutely, bob. thank you. >>> to the nadz now. seema mody is following the big movers over there. >> we got...
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Oct 25, 2012
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. >> whole foods market has given out over $8 million since 2007 in local loans throughout country. >> there is margin to be had in go organics. >> reporter: michael dell's brother adam was also attending. it felt like a tech start of pc things but with farming you need a little bit of a longer view. >> indeed you do. >>> sew ma mseema mody joins us. >> biogen, an eps of $1.91. it now expects the 2012 earnings ever $6.40 to $6.50 a share. stock up better than 2%. >>> speaking of earnings, nearly half of the s&p 500 companies have reported their earnings. we're analyzing the numbers on fulty group, procter & gamble and hershey next. >>> today's some of the most actives. mixed bag. sprint, b of a and facebook are lower on the session. pss world medical though is up 32%! zynga's up almost 12.5%. back in a moment. [ horn honks ] hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important to
. >> whole foods market has given out over $8 million since 2007 in local loans throughout country. >> there is margin to be had in go organics. >> reporter: michael dell's brother adam was also attending. it felt like a tech start of pc things but with farming you need a little bit of a longer view. >> indeed you do. >>> sew ma mseema mody joins us. >> biogen, an eps of $1.91. it now expects the 2012 earnings ever $6.40 to $6.50 a share. stock up better...
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Oct 4, 2012
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i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my global account commission-free tdd#: 1-800-345-2550 through march 2013. tdd#: 1-800-345-2550 best part... no jet lag. tdd#: 1-800-345-2550 call 1-800-790-3801 tdd#: 1-800-345-2550 and a global specialist tdd#: 1-800-345-2550 will help you get started today. and those well grounded. for what's around this corner... and the next. there's cash flow options from pnc. solutions to help businesses like yours accelerate receivables, manage payments, and help ensure
i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#:...
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Oct 31, 2012
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which is more than i had last night at the blaring local doubletree. >> thank you for taking my call. it is an honor to speak with you. this fly fishing instructor from the university of tennessee wants to know, what is up with ford? why is it not a rocket flying high? >> it's a rocket flying high in the united states but not in europe. >> it is a rocket flying too low in europe. where they were six years ago they decided to reinvent the company and close a lot of factories i think they will. but because of europe the stock has been a disappointment. devan in ohio. >> booyah, jim. i was wondering about disney. they had a deal with lucas films or something. >> i like that deal. i think bob did it again. they own star wars. what a franchise. remember, they did this with marvel. people laughed when it happened. not unlike how people laughed at them with carrey. whatever. believe me, it is not going to be like laugh in. if that stock opens down as all tomorrow. buy disney. let's go to brett in texas. brett. >> hello, thank you for taking my call. thank you for your hard work. i want to se
which is more than i had last night at the blaring local doubletree. >> thank you for taking my call. it is an honor to speak with you. this fly fishing instructor from the university of tennessee wants to know, what is up with ford? why is it not a rocket flying high? >> it's a rocket flying high in the united states but not in europe. >> it is a rocket flying too low in europe. where they were six years ago they decided to reinvent the company and close a lot of factories i...
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Oct 4, 2012
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i believe what you want to do is not pick a tiny bank in some bizarre locale. you probably want to own the mid cap at the smallest. >> the kre, of course, is the regional bank for those of you scoring at home. >>> gold is catching a bid as the dollar loses ground following the ecb meeting earlier today. is 1800 just around the corner? let's go to jackie deangelis, the host of a new online sensation it says, jackie,'s called futures. >> it is. it's a live online streaming show dedicated to futures trading. more on that in a second, but you said it. gold indeed higher today. but you know what else is in serious rally mode? silver. raging in the pits today, which metal is the better bet. let's start talking now. rich, let's start with you. which one are you buying today? >> the hit show jerry seinfeld said it the best. gold, jerry, gold. we take a look at the mark. we're up, 14 and change. i like this market because it didn't fail yesterday. a lot of guys are saying there's a resistance at 1800. if we go up there, we potentially go higher. i want to participate in
i believe what you want to do is not pick a tiny bank in some bizarre locale. you probably want to own the mid cap at the smallest. >> the kre, of course, is the regional bank for those of you scoring at home. >>> gold is catching a bid as the dollar loses ground following the ecb meeting earlier today. is 1800 just around the corner? let's go to jackie deangelis, the host of a new online sensation it says, jackie,'s called futures. >> it is. it's a live online streaming...
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Oct 12, 2012
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she had to know that security calls were being made by the local consulate and inside the state department and yet she went along with the party line. you're saying her husband is trying to find a way to extricate her. how is he going to do that? >> bill is concerned and this is from my sources in the clinton camp that hillary will be thrown under the bus by barack obama and the chicago gang running his campaign and he has reached out to friends in the legal profession to figure out if she's number one, subpoenaed and in her memos and her documents are subpoenaed. should she appear or say this is executive privilege and not appear. >> she's in a pretty tough spot andy she had that video going into pakistan and stood by the presidents literally when the caskets of the bodies were at the dover airport and they stayed with the story. >> and they're thenning as thiefs and they both conjured up the same b.s. story about the video and the spontaneous demonstration and everything here has been disproven. in other words, they're in this thick as thieves, ed klein. >> the bill is of the opinion tha
she had to know that security calls were being made by the local consulate and inside the state department and yet she went along with the party line. you're saying her husband is trying to find a way to extricate her. how is he going to do that? >> bill is concerned and this is from my sources in the clinton camp that hillary will be thrown under the bus by barack obama and the chicago gang running his campaign and he has reached out to friends in the legal profession to figure out if...
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Oct 25, 2012
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mindful of the damage that happened last halloween and the potential for a frankenstorm, utilities and local governments across the northeast are putting crews on standby to deal with fallen trees and damage to power lines and making plans for shelter. power companies are asking employees to cancel planned vacation. >> halloween used to be just a pretend scary, not last year. probably not this year either. seema mody, thanks very much for the report. >>> coming up on "kudlow," leon panetta, defense secretary, he continues the white house cover-up over benghazi and he tries today to worm his way out of protecting our people in the consulate. that story up next. ♪ ♪ [ male announcer ] how do you engineer a true automotive breakthrough? ♪ you give it bold new styling, unsurpassed luxury and nearly 1,000 improvements. introducing the redesigned 2013 glk. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour, how bad is europe? american companies are laying off th
mindful of the damage that happened last halloween and the potential for a frankenstorm, utilities and local governments across the northeast are putting crews on standby to deal with fallen trees and damage to power lines and making plans for shelter. power companies are asking employees to cancel planned vacation. >> halloween used to be just a pretend scary, not last year. probably not this year either. seema mody, thanks very much for the report. >>> coming up on...